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Property profile & analytics
OFF-MARKET
Estimated value
$4,965,000
Warehouses
2598 Pea Rdg Rd Clarksville, TN 37040-7188
Entity Owned
9-yr Hold
~
Est. High Equity
Property ID
US80-0030999
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
2009
Total area
18,400 SF
Lot
6.61 ac (287,932 SF)
Zoning code
C-5
APN
041 00600 000
UPID
US80-0030999
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
iStorage Storage Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$6.67M
Blend (final)
Blend
$4.97M
Owner & transaction history
Simply Storage Clarksville LLC · 9 yrs held
Simply Storage Clarksville LLC
since 2017
7 recorded transactions
Zoning & alternative use
C-5 · Clarksville, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$6.3M
+49.7%
Neighborhood: shopping center
$4.7M
+10.3%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Clarksville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Clarksville submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$4,225,000
Current use
RESTAURANT
$6,330,000
Change: +50% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$4,660,000
Change: +10% · Conversion: Moderate
Blend value · Realmo final
$4.97M
Range $4.47M – $5.46M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$270 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$69,980
Tax year 2023
Assessed value
$1,658,280
Assessed 2023
Previous assessed
$1,658,280
+0.0% YoY
Effective rate
4.22%
On assessed value
Land market value
$1,775,800
Improvement market value
$2,369,900
Total market value
$4,145,700
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
2009
Heating
NONE
Cooling
AC.PACKAGE
Buildings
11
Stories
1
Units
1
Total area
18,400 SF
Lot
6.61 ac (287,932 SF)
Zoning code
C-5
APN
041 00600 000
UPID
US80-0030999
Jurisdiction
MONTGOMERY
Zoning & alternative use
C-5 · Clarksville, TNZoning C-5 · permitted uses
C-5 · Clarksville, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$4.2M
RESTAURANT
Est. value
$6.3M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$4.7M
WAREHOUSE, STORAGE Current
RESTAURANT
NEIGHBORHOOD: SHOPPING CENTER
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2009
Heating
NONE
Cooling
Yes
Stories
1
Buildings
11
Units
1
Lot
6.61 ac
Current owner
From public records · entity-resolved
Simply Storage Clarksville LLC
Entity
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 18, 2017
$5,801,128
Simply Storage Clarksville LLC
Ss Clarksville LLC
Grant Deed
—
Aug 15, 2014
$4,912,500
Ss Clarksville LLC
A Storage Clarksville LP
Special Warranty Deed
$15,600,000 · Starwood Mortgage Capital
Sep 21, 2010
—
Storage Clarksville LP Etal A
—
Trustees Deed
related
$725,000 · Legends Bank
Jan 13, 2009
$3,300,000
A Storage Clarksville Etal
Secure One Self Storage
Warranty Deed
—
Jan 13, 2009
—
A Storage Clarksville Etal
Secure One Self Storage
Quit Claim Deed
related
$3,360,000 · Tennessee Cmrc Bk
Jan 31, 2006
—
Stokes,william J
William J Stokes
Quit Claim Deed
related
—
Jan 31, 2006
$430,000
Secure One Self Storage
Stokes,william J
Warranty Deed
$1,375,000 · Cumberland Bk
Jul 15, 2005
$13,925
State Of Tennessee
Stokes,w J
Warranty Deed
—
—
—
A Storage Clarksville LP Etal
—
Loan Modification
related
$670,040 · Legends Bk
—
—
Astorage Clarksville LP Etal
—
Loan Modification
related
$3,047,752 · Legends Bk
—
—
Storage Clarksville LP Etal A
—
Deed Of Trust
related
$3,386,981 · Legends Bank
—
—
Secure One Self Storage
—
Deed Of Trust
related
$50,000 · Planters Bk
—
—
Secure One Self Storage
—
Deed Of Trust
related
$1,950,000 · Planters Bk
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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